19
Feb
10:19
BHP results steady but costs set to fall
BHP saw mixed results in the first half of its financial year while revenues were flat. Iron ore mining costs are predicted to decline in the coming months, suggesting the sector should support better results in the current half year, Kallanish notes.
BHP overall saw revenues up just 1% year-on-year to $20.74 billion in the six months to December 2018, while pre-tax profits were up 4.5% to $6.8 billion. Net attributable growth from ongoing operations however wer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous